Independent sponsor

The Acacia Group

  • HeadquartersFulton, MD S5
  • Founded2017 S2
  • Websiteacaciagroup.com
  • Last verifiedNovember 5, 2026

At a glance

EBITDA rangeUp to $10M S2
Revenue rangeUp to $100M S2
Deal typesPlatform, Add-on S2
SectorsIT Services & MSP, Cybersecurity, Software & SaaS, Accounting & Professional Services

What The Acacia Group buys

The Acacia Group is an independent sponsor based in Fulton, Maryland. It has no committed fund, so it lines up the capital for each deal, and it says this leaves it free to focus on building companies rather than managing a fund. It backs technology-enabled services businesses that serve government, commercial and consumer-facing clients, and its team works closely with management on strategy, talent, brand and product. Acacia says it has bought more than 15 government and commercial technology companies since it started.

It looks for businesses with up to $100 million of revenue and up to $10 million of EBITDA, ideally with differentiated IP, a strong reputation and recurring revenue. Current holdings include identity security firm MajorKey, Atlassian partner Isos Technology, digital consultancy Kopius, enterprise technology firm The Baer Group, royalty auditor Connor and e-commerce agency Common Thread Collective. A smaller company is most likely to meet Acacia as an add-on. Recent examples are Oxford Computer Group's US business, added to MajorKey, and TikTok Shop agency TBAR Partners, added to Common Thread.

Recent deals

Announced in the 24 months before November 5, 2026.

DateCompanyTypeSectorSource
Sep 2026TBAR PartnersTikTok Shop agency added to Common Thread CollectiveAdd-onSource
Jul 2025Common Thread CollectiveE-commerce growth agency for direct-to-consumer brands; three outside firms helped finance the dealPlatformSource
May 2025Connor ConsultingRoyalty and software license audit firm; new capital plus operating supportPlatformAccounting & Professional ServicesSource
Apr 2025Oxford Computer Group (US)Microsoft identity specialist added to MajorKey TechnologiesAdd-onCybersecuritySource

Portfolio by sector

From the firm's portfolio page S3.

Investments

  • Common Thread Collective
  • Connor
  • Kopius
  • MajorKey
  • The Baer Group
  • Isos Technology
  • Kion
  • U.S. National Security Company

Past investments: Applied Insight, Highmetric, ID Technologies

Greymont’s take

How The Acacia Group fits a seller

Acacia suits the owner of an IT services, identity security or other tech-enabled services business who wants a hands-on partner and is open to a bigger plan than running the same company. It often combines businesses: MajorKey merged with Clango in 2024 and added Oxford Computer Group in 2025. Founders can stay for a while, as Isos Technology's founder did before moving to executive chairman in 2026.

Acacia has shown it will sell to a strategic buyer. CACI bought ID Technologies in 2022 and Applied Insight in October 2024. Because Acacia has no committed fund, an owner should ask who is providing the money for this deal and how firm it is. The Common Thread deal, for example, was financed with help from Resolute Capital Partners, Petra Capital Partners and Providence Investment Partners. Owners rolling equity should also ask how long Acacia expects to hold and whether their company would be merged with another.

Questions owners ask

Does The Acacia Group buy IT services companies?

Yes. Most of its holdings are in this area, including Kopius for digital products and data work, Isos Technology for Atlassian consulting and managed services, The Baer Group for enterprise technology services, and MajorKey for identity security.

Does Acacia have a committed fund?

No. Its website says it is an independent sponsor and not a committed fund manager, so capital is arranged deal by deal. Resolute Capital Partners, Petra Capital Partners and Providence Investment Partners helped finance the 2025 Common Thread Collective deal.

How big a company will Acacia look at?

Its stated limit is up to $100 million of revenue and up to $10 million of EBITDA, and it favors recurring revenue and differentiated IP. It does not publish a minimum size.

Who has Acacia sold companies to?

CACI has been a repeat buyer, taking ID Technologies in a sale Acacia announced in January 2022 and Applied Insight in October 2024. Both served defense and national security customers.

Sources

  1. S1Acacia Group home page Accessed November 5, 2026
  2. S2About Acacia Group Accessed November 5, 2026
  3. S3Acacia Group: Our Investments Accessed November 5, 2026
  4. S4Acacia Group: Briefings Accessed November 5, 2026
  5. S5The Acacia Group Backs Common Thread Collective (July 15, 2025) Accessed November 5, 2026
  6. S6Acacia Group and Connor Consulting Form Strategic Growth Partnership (May 13, 2025) Accessed November 5, 2026
  7. S7MajorKey Technologies Acquires Oxford Computer Group US (April 16, 2025) Accessed November 5, 2026
  8. S8Common Thread Collective Acquires TBAR Partners (September 22, 2026) Accessed November 5, 2026
  9. S9Acacia Creates Identity Security Powerhouse with the Merger of MajorKey and Clango (June 17, 2024) Accessed November 5, 2026
  10. S10Isos Technology Announces Leadership Transition (April 29, 2026) Accessed November 5, 2026
  11. S11Acacia Acquires The Baer Group (May 2022) Accessed November 5, 2026
  12. S12The Acacia Group Launches Pure-Play Atlassian Investment Strategy with the Acquisition of Isos Technology (December 2022) Accessed November 5, 2026
  13. S13CACI Acquires Applied Insight (October 1, 2024) Accessed November 5, 2026
  14. S14The Acacia Group Announces Divestment of ID Technologies to CACI (January 26, 2022) Accessed November 5, 2026
  15. S15Tech transformation in the lower mid-market: What we've learned so far (March 30, 2026) Accessed November 5, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with The Acacia Group. Figures are as reported on the dates shown and may have changed. Request a correction

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